Newport Beach Estate Planning

In Newport Beach, estate planning refers to the process of deciding what should be done with one's assets after their death.

Estate planning typically requires the advice of a legal and/or financial expert, because the issues involved can be complicated, and are considered by most to be very important. A flawed estate plan might create conflict between your survivors, resulting in your intentions not being given effect.

In addition to deciding what to do with your assets after your death, your estate plan should also include things that might become relevant during life. Power of attorney is a big one. Power of attorney is an arrangement in which you give another person the ability to make decisions for you, if you become incapacitated. Also, effective estate planning can help reduce the effect of taxes and court fees on your final disposition to your chosen beneficiaries.

A good estate planner in Newport Beach, can make this process much easier, minimizing the chances that your estate plan will end up in court, saving your survivors a huge amount of time and money.

Common Features of Newport Beach Estates

Will: Wills are a very important part of almost all estate plans. In simplest terms, it answers the question "who gets what after I die?" Generally, you can leave your property to anyone you wish. If you die without a will, your property will usually be given to your closest living relative (usually a spouse or child).

Living Will: This is a document which articulates your wishes concerning your medical care, to give instructions to your family and doctors in the event that you become incapacitated. While actually consulting it will hopefully never be necessary, one never knows - unexpected illnesses and injuries can happen to anyone, at any time. While making a living will might require a person to acknowledge the existence of some unpleasant possibilities, it can end up saving their loved ones a great deal of grief and uncertainty.

Power of Attorney: This is an arrangement in which you give someone else, usually a trusted family member, the power to make financial and medical decisions on your behalf, in case you become unable to make or express your own decisions.

Funeral Arrangements: What do you want done with your body after you die? Do you want to be cremated? How about buried? Or maybe you want to be cremated, and have your remains shot into space? Whatever your preference, you won't exactly be able to tell anyone when the time comes. Therefore, you should make your desires on this matter known well in advance. You also shouldn't make your will the only place where these instructions are contained, since it might not be read for weeks after your death, when it will probably be too late.

Do I Need a Newport Beach Estates Lawyer?

A flawed estate plan in Newport Beach can result in those affected by it being confused as to your intent, which can then lead to disputes between them. A good attorney can often avoid this confusion by ensuring that there is as little ambiguity as possible in your will and other related documents.

Life in Newport Beach

Newport Beach, California is a city in Orange County. It is about 10 miles south of Santa Ana, and has a population of about 85,000 people.

Newport Beach is an extremely affluent community. More than a quarter of its households have an annual income exceeding ,000 per year, and the median home value is approximately million.

The economy of Newport Beach, California is dominated by healthcare, insurance, retail, and other services. One Fortune 500 company, Pacific Life Insurance, is headquartered in Newport Beach, and employs over 1,500 people, including several Newport Beach, California lawyers.

Residents of Newport Beach, California who find themselves in need of legal services are in luck. Newport Beach, California attorneys tend to be very sophisticated and highly experienced, meaning that a Newport Beach, California lawyer can help you with almost any legal issue a person is likely to face.

Mr. B. is a terrific lawyer and I am extremely happy with his work. What I liked most about him was his timely responses. I highly recommend Mr. B..

CLIENT REVIEWS

Brad M.

Sussex, NJ

Wills, Trusts and Estates

Rating
(10 users)

Overall

Responded in a timely manner

Answered questions clearly

Understood needs

Gave complete and clear information

Knowledgeable in legal area

Good value for money

Would hire again

100%

Would recommend to friend

100%

by Daniel G. , 08/29/2014

by Brian C. , 07/13/2014

Brad has helped me through four post-divorce motions over the last couple of years. He was a pleasure to work with and his staff is top notch. He treated me with respect and showed a personal interest in my needs and my case. Responses to my questions were always met with speedy and helpful responses. He did everything possible to get positive results and an outcome that was fair. Although the court can be unpredictable in their rulings, I feel I had positive outcomes in all of my motions thanks to Brad. I would recommend Brad for anyone going through divorce or post-divorce issues.

by Roberto R. , 07/11/2014

Mr. M. Knows his stuff and make sure you understand the pros and cons of the decision you make

by Mary Katherine F. , 02/19/2011

good

by Iris T. , 08/05/2009

Brad has not only provided me with legal advice and services but emotional support as well. He is professional and very sensitive to his client's needs. I am more than satisfied by his services. He knows how to listen and put my insecurities/fears away. I highly recommend him...he is the whole package!

by David P. , 08/04/2009

Brad and his team were excellent. He clearly understood my situation, developed a strategy and delivered everything as planned. His office was always responsive and professional. I would certainly recommend him. Brad was the only attorney I spoke to that had a vision and predicted with exacting detail, every move that the other side was going to make. This put me on the offensive for the first time. I was completely satisfied. 100%

by Mary G. , 07/31/2009

This has been the best experience I have ever have. I would recommend Brad M. to anyone that would need an experienced wonderful caring attorney for family law.

by Gregory V. , 07/11/2014

by Sheeba S. , 12/25/2009

In the middle of all my turmoil i'm grateful the for the sensible guidance given to me by Brad M. M..He is an excellent listener, who calmly gave suggestions to my confused situation.I would surely reccomend him to anybody,especially to those who are sceptical of lawyers.He was more interested in finding a solution to my problem than asking for a fee.He is THE BEST. sheba, NJ

by Lisa Marie J. , 07/31/2009

Brad is very patient and knowledgeable. I felt he was genuinely pursuing and protecting my best interests.

CLIENT REVIEWS

David L.

Ashland, OH

Wills, Trusts and Estates

Rating
(5 users)

Overall

Responded in a timely manner

Answered questions clearly

Understood needs

Gave complete and clear information

Knowledgeable in legal area

Good value for money

Would hire again

100%

Would recommend to friend

100%

by Julie W. , 11/07/2015

David L. helped with our will and estate planning. He did a great job. Everything was done on time and went according to plan.

by Nichole B. , 06/01/2015

He was very helpful. The best I have talked to.

by Kris S. , 05/04/2015

David was always frank and helpful. He was up front about costs and the prospects about the outcome. He worked hard to control the costs in my case while providing first class service that included some evening and weekend communication. He helped me understand the law as it related to my case and managed all of the dealings with the courts and the clerks.

by Tom P. , 12/12/2014

I am already recommending David L. to my family members and friends. He provided my wife and I with all that we hoped for in successfully planning our estate documents.